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China's real estate in worrying state as middle class reluctant to purchase properties

The current index level is even lower than during the early stages of the Covid-19 pandemic, surpassing the 102.6 recorded in the second quarter of 2020. The study evaluates spending intentions among households with an average combined property and financial assets worth 1.5 million yuan (US$207,000) and an average annual income of 170,000 yuan
National Bureau Of Statistics Southwestern University National Bureau

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